Global P&C premiums grew 4% in 2016: Allianz

Global P&C insurance premiums rose an estimated 4 percent
last year as the market grew at the slowest rate since 2010,
according to Allianz.
In a report released today the insurer said 2016 was the first
time in five years that average P&C premium growth had fallen
below 5 percent.
However, the carrier highlighted that the growth slowdown was an
"almost exact reflection" of the declining momentum in
the global economy and global trade.
Growth in the Chinese P&C market...